GM ☕
It's another beautiful start to the day. 🌅
Take it easy, step by step. Enjoy each moment as after it's gone you will never have another chance to re-live it. 🧘♂️
Stack sats, stack time. ⚡⏳
...
https://t.co/MWrWxgqDhT
This Coldcard hack cuts deeper than anything I have seen since MtGox. This isn't shitcoiners or yield chasers getting rekt on Celsius, BlockFi or FTX . This is bitcoin maxis following the rules and losing everything. This will go down as one of the worst days in Bitcoins history
Anybody that has an MK3 with no passphrase should panic and move the funds anywhere else immediately.
If you have another Coldcard device without a passphrase, it is reasonable to be very concerned and to take some time tomorrow to make a plan to create a new wallet with dice-roll entropy and a strong passphrase There are 2 risks to taking action to migrate your stash in panic:
RISK 1: you risk screwing up your privacy by consolidating UTXOs carelessly. Very high risk, medium-low impact considering alternatives.
RISK 2: you risk doing something wrong in panic, not being careful with what you are doing.
If you have an MK3, these risks are nothing compared to the risk of doing nothing.
Generating a new wallet with 200 dice rolls and a strong passphrase on the same Coldcard seems like a good a short term great option to, since the issues seem to be all linked to seed generation.
COLDCARD Mk3 Security Advisory
If you generated a seed on a Mk3 after firmware 4.0.1, your funds may be at risk.
Mk4, Q and Mk5 are not affected based on our early analysis.
Read the advisory and migrate carefully:
https://t.co/3vgPHOjMS7
Regarding the Coldcard related theft:
- Single sig only for now, but we don't know if it's related to the SEED or other private key exfiltration or bugs. Meaning A PASSPHRASE or ROLLING DICE may not save you.
- We don't know shit, we just know multiple REAL/KNOWN bitcoiners are affected, so it's not a random reddit FUD.
- We can't say for sure what the cause is, but the more we go, the more info we will get.
USE MULTISIG. (and/or Miniscript)
@elonmusk predicts that money will no longer matter by 2036.
I believe AI abundance will make sound money more important, not less. https://t.co/alqkVuQJvE
@therationalroot@elonmusk Let's all live in the pods as domesticated dogs, scrolling through endless X streams while the robots farm a world without purpose. @elonmusk this is dystopian and must be prevented at all cost. Please review the article and revise your thinking.
@EnjoyingBitcoin@TheBTCViking You think this is cyberhornets against strategy and Blackrock?
Hahahhahahahahahahhaa these new uasf guys are regarded
"Spam-coin" listen to yourself and go wash your mouth with soap